Hollencrest Capital Management Has $77,000 Stock Holdings in Bitwise Bitcoin ETF (NYSEARCA:BITB)

Hollencrest Capital Management grew its stake in shares of Bitwise Bitcoin ETF (NYSEARCA:BITB) by 257.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,518 shares of the company’s stock after purchasing an additional 1,093 shares during the quarter. Hollencrest Capital Management’s holdings in Bitwise Bitcoin ETF were worth $77,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC raised its holdings in shares of Bitwise Bitcoin ETF by 6,348.2% in the 4th quarter. Proficio Capital Partners LLC now owns 2,102,749 shares of the company’s stock valued at $106,925,000 after purchasing an additional 2,070,139 shares during the period. Orion Portfolio Solutions LLC boosted its stake in shares of Bitwise Bitcoin ETF by 4,033.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 277,100 shares of the company’s stock worth $9,585,000 after acquiring an additional 270,396 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Bitwise Bitcoin ETF by 137.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 306,887 shares of the company’s stock worth $15,605,000 after acquiring an additional 177,401 shares during the last quarter. Beaird Harris Wealth Management LLC raised its stake in Bitwise Bitcoin ETF by 135.7% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 211,994 shares of the company’s stock valued at $7,333,000 after acquiring an additional 122,045 shares during the period. Finally, Kedalion Capital Management LLP acquired a new stake in Bitwise Bitcoin ETF during the 4th quarter valued at $4,694,000.

Bitwise Bitcoin ETF Stock Down 0.2 %

BITB stock opened at $45.12 on Thursday. The company has a fifty day moving average price of $52.05 and a two-hundred day moving average price of $45.50. Bitwise Bitcoin ETF has a one year low of $27.02 and a one year high of $59.07.

Bitwise Bitcoin ETF Company Profile

The Bitwise Bitcoin ETF Trust (BITB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a multi-layer cold storage wallet. BITB was launched on Jan 10, 2024 and is issued by Bitwise.